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U.S. GOLD CORP. TO PARTICIPATE IN 121 MINING INVESTMENT CONFERENCE IN LONDON, UNITED KINGDOM
Prnewswire· 2025-11-13 13:00
Core Insights - U.S. Gold Corp. is participating in the 121 Mining Investment Conference in London on November 17-18, 2025, with key representatives attending for one-on-one meetings [1][2]. Company Overview - U.S. Gold Corp. is a publicly traded company focused on gold and copper exploration and development in the U.S. It has a portfolio that includes the CK Gold Project in Wyoming, which is an advanced-stage gold-copper deposit [3]. - The CK Gold Project has completed a Pre-Feasibility Study that demonstrates robust economics, positioning it for feasibility-level advancement in 2025 [2][3]. Project Details - The CK Gold Project is fully permitted and is expected to provide economic benefits, job creation, and essential metals for clean energy technologies [2]. - The project is seen as a near-term provider of domestic copper and gold production, highlighting its strategic importance [2].
U.S. GoldMining Welcomes Inclusion of Copper & Silver to U.S. Critical Minerals List, Highlights Whistler Gold-Copper Project in Alaska
Prnewswire· 2025-11-13 12:00
Core Insights - U.S. GoldMining Inc. is advancing the Whistler Gold-Copper Project in Alaska, which has been positively impacted by the inclusion of copper and silver in the U.S. 2025 List of Critical Minerals [1][2] Project Overview - The Whistler Project is located 105 miles from Anchorage, Alaska, and is estimated to contain over 1 billion pounds of copper and almost 19 million ounces of silver in the Indicated category, along with 3.93 million ounces of gold [2][10] - The total mineral resource estimate for the Whistler Project comprises 294 million tonnes at 0.68 g/t AuEq for 6.48 million ounces AuEq Indicated, plus 198 million tonnes at 0.65 g/t AuEq for 4.16 million ounces AuEq Inferred [10] Strategic Importance - The Whistler Project is strategically located near existing infrastructure, including highways and port facilities, which enhances its accessibility and potential for development [5] - The project aligns with U.S. critical mineral priorities, potentially reducing dependence on imports from high-risk jurisdictions [5] Regulatory and Policy Context - The U.S. federal administration has initiated efforts to promote the exploration and extraction of critical minerals domestically, which is timely for the Whistler Project as it undergoes a Preliminary Economic Assessment (PEA) [2][5] - The project is expected to benefit from a supportive regulatory environment in Alaska, which is known for its robust permitting framework [5] Technical Details - The mineral resource estimate includes various categories, with significant quantities of gold, copper, and silver, indicating a multi-metal resource that is favorable for future exploration and development [4][6] - The project has been evaluated based on specific economic assumptions, including metal prices and recovery rates, which are critical for assessing its viability [7]
First Mining Announces 2025 Third Quarter Financial Results and Operating Highlights
Prnewswire· 2025-11-13 12:00
Core Viewpoint - First Mining Gold Corp. reported its third quarter financial results for the period ending September 30, 2025, highlighting significant developments in its gold projects and financial activities [1][2]. Financial Highlights - The company closed a marketed public offering of 66,670,000 units, raising total gross proceeds of $12,000,600 on July 22, 2025 [4]. - A non-brokered offering of 95,000,000 units raised $17,100,000, along with 33,350,000 flow-through units for $7,337,000, totaling $36,437,600 from both offerings [4]. - As of September 30, 2025, the company had cash and marketable securities amounting to $37.6 million and an equity interest in PC Gold Inc. valued at $21.5 million [4]. Project Developments - The Springpole Gold Project is advancing with a Feasibility Study and ongoing permitting activities, including a final Environmental Impact Statement submitted in November 2024 [3]. - The Duparquet Gold Project is in the PEA stage, located on the Destor-Porcupine Fault Zone in the Abitibi region [3]. - Significant drilling results were reported from the Duparquet exploration program, including drill hole DUP25-058 returning 1.43 g/t Au over 24.1m and DUP25-064 returning 3.23 g/t Au over 25.9m [4][9][10]. Community Engagement - A Long-Term Relationship Agreement was signed with the Mishkeegogamang First Nation for the Springpole Gold Project, emphasizing a collaborative development approach [4]. - A Memorandum of Understanding was established with the City of Duparquet to support community development and collaboration on the Duparquet Gold Project [4]. Management Changes - Lisa Peterson will resume her role as Chief Financial Officer effective November 14, 2025, after maternity leave, with Darren Prins serving as Interim CFO during her absence [4]. - Vincy Benjamin will join the company as Director of Projects on November 24, 2025, bringing 25 years of experience in major capital projects [4].
Discovery Reports 63,154 Ounces Of Gold Production, $86.8 Million Of Free Cash Flow(1) In Q3 2025
Globenewswire· 2025-11-13 04:45
Core Insights - Discovery Silver Corp. reported strong financial and operational results for Q3 2025, driven by increased gold production and sales following the acquisition of the Porcupine Complex [2][5][10] - The company generated net cash from operating activities of $153.5 million and free cash flow of $86.8 million, reflecting a significant increase in gold sales and a higher average realized gold price [2][8][12] - Discovery's cash position grew by 35% to $341.5 million, supported by a new revolving credit facility of $250 million, enhancing its capital for future investments [2][32] Q3 2025 Performance Summary - Net earnings reached $42.4 million ($0.05 per share), a turnaround from a net loss of $3.9 million in Q3 2024 [5][16] - Gold production totaled 63,154 ounces, up from 50,552 ounces in Q2 2025, with gold sales increasing to 66,200 ounces [5][12] - Operating cash costs averaged $1,339 per ounce sold, with all-in sustaining costs (AISC) averaging $1,734 per ounce sold, compared to $2,074 in the previous quarter [5][24] Year-to-Date 2025 Performance Summary - For the first nine months of 2025, the company produced 113,706 ounces of gold, with total revenue of $379.0 million [15][23] - Adjusted net earnings for YTD 2025 were $86.5 million ($0.13 per share), compared to an adjusted net loss of $6.4 million in YTD 2024 [15][16] - Total capital expenditures for YTD 2025 amounted to $112.5 million, with $75.5 million allocated to growth capital expenditures [15][25] Exploration and Growth Initiatives - The company is advancing exploration programs at the Porcupine Complex, with promising drill results reported from various sites, including Hoyle Pond and Owl Creek [3][31] - A 140,000-meter drill program is underway, aimed at resource conversion and expansion, with results expected to support an updated technical report in 2026 [31][32] - Discovery plans to optimize production at existing operations while exploring new opportunities at the Dome Mine and TVZ Zone [31][36] Cordero Project Overview - The Cordero Project is recognized as one of the world's largest undeveloped silver deposits, with significant investment and exploration activities ongoing since its acquisition in 2019 [27][28] - The feasibility study indicates a potential for large-scale production with low unit costs, contributing to substantial free cash flow [28][29] - The company is focused on advancing the Cordero project while ensuring compliance with environmental and community standards [32][33]
Pan American Silver (PAAS) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2025-11-13 01:31
Core Insights - Pan American Silver reported revenue of $854.6 million for the quarter ended September 2025, reflecting a 19.3% increase year-over-year, although it fell short of the Zacks Consensus Estimate of $867.76 million by 1.52% [1] - The company's earnings per share (EPS) was $0.48, up from $0.32 in the same quarter last year, but also missed the consensus estimate of $0.49 by 2.04% [1] Financial Performance - Revenue increased by 19.3% year-over-year to $854.6 million [1] - EPS rose to $0.48 from $0.32 year-over-year [1] - Revenue was below the Zacks Consensus Estimate of $867.76 million, resulting in a surprise of -1.52% [1] - EPS also missed the consensus estimate of $0.49, with a surprise of -2.04% [1] Production Metrics - Gold production was 183.50 Koz, slightly below the average estimate of 184.11 Koz [4] - Silver production totaled 5,462.00 Koz, which was below the average estimate of 5,842.57 Koz [4] - La Colorada Operation produced 1.10 Koz of gold, exceeding the average estimate of 0.82 Koz [4] - La Colorada Operation produced 1,505.00 Koz of silver, surpassing the average estimate of 1,461.62 Koz [4] - Huaron Operation produced 755.00 Koz of silver, below the average estimate of 818.47 Koz [4] - San Vicente Operation produced 765.00 Koz of silver, above the average estimate of 721.21 Koz [4] - Dolores Operation produced 220.00 Koz of silver, slightly above the average estimate of 208.49 Koz [4] - Dolores Operation produced 8.10 Koz of gold, exceeding the average estimate of 6.22 Koz [4] - Shahuindo Operation produced 36.30 Koz of gold, above the average estimate of 34.09 Koz [4] - Timmins Operation produced 24.70 Koz of gold, below the average estimate of 26.77 Koz [4] Price Realization - Average realized price per ounce of silver was $39.08, slightly below the average estimate of $39.11 [4] - Average realized price per ounce of gold was $3,479.00, exceeding the average estimate of $3,448.99 [4] Stock Performance - Pan American Silver's shares returned -4.9% over the past month, contrasting with the Zacks S&P 500 composite's +4.6% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market [3]
Versamet Royalties Announces Record Operating and Financial Results for the Third Quarter of 2025
Newsfile· 2025-11-12 22:52
Versamet Royalties Announces Record Operating and Financial Results for the Third Quarter of 2025November 12, 2025 5:52 PM EST | Source: Versamet Royalties CorporationAll amounts are in U.S. dollars unless otherwise indicated.Vancouver, British Columbia--(Newsfile Corp. - November 12, 2025) - Versamet Royalties Corporation (TSXV: VMET) ("Versamet" or the "Company") announces another consecutive quarter of record operating and financial results for the three months ended September 30, 2025, dri ...
INTEGRA REPORTS THIRD QUARTER 2025 RESULTS; STRONG PRODUCTION FROM FLORIDA CANYON MINE, RECORD ADJUSTED NET EARNINGS, AND IMPROVED FINANCIAL POSITION
Prnewswire· 2025-11-12 21:54
Core Viewpoint - Integra Resources Corp. reported strong financial and operational results for Q3 2025, highlighting significant production at Florida Canyon and advancements in development projects, leading to the highest cash balance in the company's history [3][6][26]. Financial Highlights - Revenue for Q3 2025 reached $70.7 million, an increase from $61.1 million in Q2 2025, driven by higher gold sales at an average realized price of $3,464 per ounce [6][18]. - Mine operating earnings were $28.6 million, up from $25.2 million in Q2 2025, resulting in an operating margin of 40% [6][47]. - Adjusted earnings for the period were $16.3 million, or $0.10 per share, compared to $11.8 million, or $0.07 per share in Q2 2025 [6][20]. - The company reported a net loss of $8.2 million, or $0.05 per share, primarily due to unrealized derivative losses [6][19]. Operational Highlights - The company mined 2.5 million tonnes of ore and 3.4 million tonnes of waste at Florida Canyon, with a strip ratio of 1.34 [6][9]. - Gold production for the quarter was 20,653 ounces, an increase from 18,087 ounces in Q2 2025, with year-to-date production tracking in line with annual guidance [11][12]. - Cash costs averaged $1,876 per gold ounce, slightly up from $1,849 in Q2 2025, while mine-site all-in sustaining costs averaged $2,647 per gold ounce [15][16]. Development Projects - The company made significant progress on the DeLamar Project, including the acceptance of the Mine Plan of Operations and a new partnership agreement with the Shoshone-Paiute Tribes [3][28][31]. - The feasibility study for DeLamar is advancing, with updates expected in late 2025 [29]. - The Nevada North Project is also progressing, with metallurgical testing and environmental analysis ongoing [29]. Cash Flow and Financial Position - Operating cash flow for Q3 2025 was $35.6 million, a significant increase from $16.3 million in Q2 2025 [21]. - Free cash flow for the quarter was $20.2 million, or $0.12 per share, compared to $2.1 million, or $0.01 per share in Q2 2025 [25]. - As of September 30, 2025, the company had cash and cash equivalents of $81.2 million, up from $63.0 million at the end of Q2 2025 [26].
Pinnacle Identifies Gold-Silver Mineralization at Historic La Dura Mine, Extending Mineralized Horizon to Almost 500 Metres
Thenewswire· 2025-11-12 19:40
Core Insights - Pinnacle Silver and Gold Corp. has reported significant sampling results from the historic La Dura mine at the El Potrero gold-silver project in Durango, Mexico, indicating an extension of the mineralized strike length along the Dos de Mayo vein structure to nearly 500 metres, with untested gaps between principal mines [1][3] Group 1: Sampling Results - The La Dura mine features a main adit extending approximately 60 metres along the vein, with two smaller adits collectively known as La Dura 2, which have shown consistent mineralization [2] - Channel sampling has revealed an average grade of 1.98 g/t Au and 98 g/t Ag over a 12 metre strike length, with individual grades reaching up to 4.51 g/t Au and 269 g/t Ag over 0.5 metres [2] - The mineralized zone is only partially exposed, suggesting significant potential for expansion through further mine development and drilling [2][3] Group 2: Exploration Potential - There is approximately 150 metres between La Dura and the Pinos Cuates mine, where previous sampling returned grades of up to 85 g/t Au and 520 g/t Ag over 0.5 metres, indicating further drill testing is warranted [3] - An additional 120 metres of untested strike potential exists between Pinos Cuates and the Dos de Mayo mine, along with over 1,000 metres to the northwest of La Dura, all of which are planned for drill-testing once surface permits are secured [3] Group 3: Geological Context - Surface and underground mapping is currently focused on a north-south trending vein called La Estrella, located approximately 500 metres southwest of the Dos de Mayo trend, which may indicate significant mineralization potential due to the intersection of structural trends [4] - The El Potrero project is situated in the Sierra Madre Occidental, an area known for high-grade gold-silver mineralization within a low sulphidation epithermal breccia vein system [11][12] Group 4: Project Development - The property has a previously operational 100 tpd plant that can be refurbished for near-term production, with the site being road accessible and within three kilometres of a power line [13] - Pinnacle aims to earn an initial 50% interest upon commencing production, with plans to generate cash flow for further project development and increase ownership to 100% subject to a 2% NSR [14] Group 5: Company Overview - Pinnacle Silver and Gold Corp. is focused on developing precious metals projects in the Americas, with a commitment to building long-term, sustainable value for shareholders [15]
Royal Gold (RGLD) Upgraded to Strong Buy: Here's What You Should Know
ZACKS· 2025-11-12 18:01
Core Viewpoint - Royal Gold (RGLD) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook driven by an upward trend in earnings estimates [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system emphasizes the importance of changing earnings estimates, which significantly influence stock price movements [4][6]. - An increase in earnings estimates typically leads to higher fair value calculations by institutional investors, resulting in buying or selling pressure that affects stock prices [4]. Company Performance and Outlook - The upgrade for Royal Gold reflects an improvement in its underlying business, suggesting that investors may respond positively by driving the stock price higher [5]. - For the fiscal year ending December 2025, Royal Gold is expected to earn $7.96 per share, with a 6.3% increase in the Zacks Consensus Estimate over the past three months [8]. Zacks Rank System - The Zacks Rank system classifies stocks based on earnings estimate revisions, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - Royal Gold's upgrade places it in the top 5% of Zacks-covered stocks, indicating strong potential for market-beating returns in the near term [10].
Asia Broadband Gold and Silver Production and Gross Profit Upward Trend Continues in the Third Quarter, As Gold and Silver Holdings Appreciated $38 Million Dollars
Globenewswire· 2025-11-12 13:00
LAS VEGAS, Nov. 12, 2025 (GLOBE NEWSWIRE) -- Asia Broadband Inc. (OTC: AABB) (“AABB” or the “Company”) is pleased to announce that the Company will be reporting this week increased gold and silver production and gross profit for the third quarter period ending September 30th, as gold and silver forecasts remain strong. From AABB’s second quarter results, the mining team achieved a 40% increase in production during the third quarter with added capacity and operational efficiencies. The Company also retained ...